比特幣（BTC）面對礦工在BTC中悄然積累了9億美元，提供關鍵支持

隨著通貨膨脹信號和經濟不確定性的降低，比特幣（BTC）面臨著越來越大的壓力。但是，礦工在BTC中悄悄地積累了9億美元

Bitcoin (BTC) faced mounting pressure on Sunday as inflation signals and economic uncertainty pushed the cryptocurrency lower. However, miners have been quietly accumulating BTC, reaching $900M in recent times.

隨著通貨膨脹信號和經濟不確定性使加密貨幣降低，比特幣（BTC）在周日面臨著越來越大的壓力。但是，礦工一直在悄悄地積累了BTC，最近達到了9億美元。

Bitcoin Tested New Lows at $82K as Inflation Signals Intensify

隨著通貨膨脹信號加劇，比特幣以$ 82K的價格測試了新低點

Bitcoin price slid to $82,220 by 09:00 UTC, testing new lows as the cryptocurrency slid further from last week’s peak of $95,000.

比特幣的價格下跌至09:00 UTC的$ 82,220，隨著加密貨幣從上週的峰值95,000美元的峰值進一步滑行，測試了新的低點。

This downturn follows an 11.4% price pullback from recent highs, fueled by renewed concerns over inflation and rising unemployment.

這一衰退是由於對通貨膨脹和失業率上升的重新擔心，最近高點的價格下降了11.4％。

The latest Non-Farm Payrolls (NFP) figures from the U.S. are expected on Friday, potentially bringing fresh employment trends.

預計週五，美國最新的非農場工資（NFP）數據可能會帶來新的就業趨勢。

Despite Trump’s recent announcement of a Bitcoin strategic reserve and a White House summit on the crypto market, no significant developments have emerged yet.

儘管特朗普最近宣布了比特幣戰略儲備和加密貨幣市場上的白宮峰會，但尚未出現重大發展。

Trump's policy to include Bitcoin in federal reserves sparked an initial rally. However, enthusiasm waned as inflation fears took hold, rendering investors cautious.

特朗普在聯邦儲備中包括比特幣的政策引發了初步集會。然而，隨著通貨膨脹恐懼的納入，熱情逐漸減弱，使投資者謹慎。

Investors are considering the long-term benefits of Bitcoin's inclusion in federal reserves versus the immediate economic headwinds.

投資者正在考慮將比特幣納入聯邦儲量與直接經濟逆風的長期收益。

Moreover, the White House summit on the crypto market failed to yield immediate clarity, with key policy-makers still split on Bitcoin’s role in financial markets.

此外，白宮峰會上有關加密貨幣市場的首腦會議未能立即清晰，關鍵的決策者仍在比特幣在金融市場中的作用分歧。

This stasis has slowed down institutional players from making any large-scale purchases, which could explain the 11.4% Bitcoin price pullback observed over the weekend.

這種停滯使機構參與者放慢了大規模購買的速度，這可以解釋週末觀察到的11.4％的比特幣價格回調。

Why Is Bitcoin Price Going Down?

為什麼比特幣價格下跌？

As U.S. consumers prepare for the second week of tariff-induced price hikes, several industries are adjusting their supply chains and production cycles for costlier operations.

當美國消費者為關稅引起的價格上漲的第二週做準備時，幾個行業正在調整其供應鍊和生產週期，以實現昂貴的運營。

Key consumer goods are also undergoing price reviews, further intensifying inflation concerns.

關鍵的消費品也正在接受價格審查，進一步加劇了通貨膨脹問題。

Retail investors, typically more sensitive to rising costs, will likely be shifting funds to cover increased expenses, suggesting capital will flow out of risk assets like Bitcoin.

散戶投資者通常對成本上升更加敏感，可能會將資金轉移到增加的費用上，這表明資本將流出像比特幣這樣的風險資產。

Furthermore, institutional investors are pivoting toward bonds and fixed-income securities in anticipation of upcoming rate hikes.

此外，機構投資者正在向債券和固定收益證券旋轉，以預期即將進行的加息。

This has seen 10-year bond yield soar in key markets. The 10-year Treasury yield surged to 4.3%, reaching its highest level since November 2023.

這已經在主要市場中看到了10年的債券收益率飆升。 10年的財政收益率飆升至4.3％，達到了2023年11月以來的最高水平。

According to TradingEconomics data, similar trends are unfolding in Europe, with Germany’s 10-year Bund yield climbing to 2.45% by 07:30 CET, showcasing strong capital outflows into the eurozone.

根據貿易經濟學數據，歐洲的類似趨勢正在發展，德國的10年外行收益率攀升至2.45％，到07:30 CET，向歐元區展示了強大的資本外流。

Finally, in Japan, the 10-year government bond yield hit 0.88%, marking its highest point since 2013.

最終，在日本，政府債券的10年債券收益率達到0.88％，標誌著其自2013年以來的最高點。

These escalating yields are rendering bonds more lucrative for institutional investors, diverting capital from risk assets like Bitcoin and equities.

這些不斷升級的收益率使機構投資者的債券更有利可圖，將資本從比特幣和股票等風險資產中轉移了。

Miners Accumulated BTC Amid Policy Uncertainty and Unfavorable Prices

礦工在政策不確定性和不利的價格中積累了BTC

Despite the prevailing bearish sentiment and unfavorable market conditions for selling, bitcoin miners have adopted a contrarian approach, accumulating BTC rather than selling into the market downturn.

儘管銷售的盛行情緒和不利的市場條件，但比特幣礦工還是採用了逆勢方法，積累了BTC而不是銷售到市場下滑。

The latest CryptoQuant data on March 9 shows that miner reserves reached 1,809,480 BTC. This indicates an increase of over 1,000 BTC in the two weeks since Trump announced 25% tariffs on Canada and Mexico.

3月9日的最新加密數據顯示，礦工儲量達到1,809,480 BTC。這表明自從特朗普宣布對加拿大和墨西哥徵收25％的關稅以來的兩週內增加了1000多個BTC。

At current bitcoin prices, this absorption amounts to approximately $820 million.

在目前的比特幣價格下，這種吸收約為8.2億美元。

Miners’ decision to hold rather than sell suggests confidence in a long-term bullish outlook, possibly linked to expectations surrounding the U.S. Treasury’s potential bitcoin purchases.

礦工決定舉行而不是出售的決定表明，對長期看漲前景的信心，可能與美國財政部潛在比特幣購買的期望有關。

By limiting fresh supply from trickling into the market, bitcoin miners are effectively providing a buffer against further downside risks.

通過將新鮮供應限制在流入市場上，比特幣礦工有效地提供了一種緩衝，以防止進一步的下行風險。

If this trend of bitcoin miners accumulating continues and market conditions stabilize, it could help prevent BTC price from sinking deeper.

如果比特幣礦工積累的趨勢繼續持續並且市場狀況穩定，則可以幫助防止BTC價格更深。